3D camera market would garner revenue of $10.8 billion by 2021, registering a CAGR of 40.0% during 2016 – 2021. 3D cameras are instrumental in capturing a high quality 3D visual of any object. Owing to this feature, 3D cameras find extensive use in numerous applications such as scene recording for 3D movie or games, industrial activity monitoring, home automation management and others. Evolving 3D scanning applications and advent of technically advanced applications such as 3D imaging in smartphones or tablets have facilitated the growth of the market.
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The 3D camera market emphasizes on 3D camera types, the available technologies and their corresponding applications across diverse geographies. 3D camera types are classified into target cameras and target-free cameras. The technologies segment is segregated based on time-of-flight, stereo vision and structured light sensing. From applications perspectives, the report analyzes the market according to point of usage; in consideration to professional cameras, smartphones, tablets, computers and others. In professional cameras featuring 3D technology, the revenue of entire component is considered in order to compute overall 3D professional camera. The report elaborates on competitive advantages of 3D cameras over conventional alternatives.
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In order to understand the market movement; drivers, restraints and opportunities are explained in the report. The market for 3D cameras is primarily driven by its increasing adoption in applications such as media & entertainment, manufacturing, construction and others. However, higher prices of 3D cameras as compared to 2D alternatives and lack of consumer awareness restricts the market growth. Additionally, rising home automation and virtual reality products would contribute to higher adoption of 3D camera products.
Key players in the market, include Nikon, Go Pro, Sony Corp., Canon, Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Fujifilm Corp., Kodak and Faro Technologies.
Different technologies such as time-of-flight, stereo visioning and structured light imaging are used for developing 3D cameras. Time-of-flight cameras are highly sophisticated in terms of quality they render; stereo visioning cameras are cost effective solutions, commonly used in moviemaking applications. Structured light cameras are less portable; however, they capture details of an object from multiple angles simultaneously.
The time-of-flight technology is useful in the 3D camera solutions for various purposes such as automotive, healthcare, industrial and others. In automobile applications, the technology is useful for autonomous driving with increased safety through real-time alerts of driving conditions. In industrial applications, time-of-flight sensors act as effective human machine interfaces to ensure safety in automated processes. These sensors are useful in recognizing and calibrating human gestures.
The 3D cameras in the market are classified in accordance to their focus technology. There are two types of 3D camera namely, target camera and target-free camera. A Target camera features a mechanism, which renders focus at one particular object, whereas target-free cameras (often known as free focused cameras) do not focus on any particular object. The target cameras are capable of focusing on specific elements/targets and capturing it in high resolutions. These features makes such cameras useful in object tracking and surveillance. This type of camera is useful in asset monitoring of industrial applications. North America exhibits a dynamic hub for the growth and developments in target cameras, constituting a notable share of the target camera market revenue in 2014. Target-free camera was the largest revenue-generating segment in year 2014 and would continue to contribute the highest market revenue through 2021.
From the applications perspective, the World 3D camera market covers professional cameras, smartphones, tablets, computers, and others. Other devices consist of iPads, notebook PCs, and mobile robots. Among all applications, professional cameras was the largest revenue-generating segment in 2014. The tablet application is expected to grow at the highest CAGR among all applications owing to ongoing innovations by OEMs.
North America Overview
North America is a significant consumer market for new technologies such as 3D cameras. 3D cameras are extensively used in professional cameras, camcorders, smartphones, and tablets. 3D target cameras are extensively used in developing military applications. The usage of 3D cameras across multiple industries covers asset/activity monitoring, recording 3D movies, photography, and gaming purposes. Numerous players offer their 3D camera products in the market. Companies such as Sony and Fujifilm are not based in North America, also offer their products in the North American region. The U.S.A. has been prime driver of the North American market due to applications to both industrial and individual users.
The Value chain of 3D camera market includes various stakeholders such as component manufacturers, 3D software developers, OEMs, utility solution manufacturers and service providers. Each of these players share a specific value at their point of operation; which in turn contributes to the competitive value of the product. The R&D activities, innovations, marketing strategies and aesthetics concerns enhance the value associated with the end-deliverable by each of the players.
Suppliers to 3D camera manufacturers
The manufacturing process of the 3D camera requires components such as camera lens, 3D imaging software and processors. The developers of these components supplement the requirements of 3D camera manufacturers.
3D camera manufacturing
The 3D camera manufacturers such as Fujifilm, Canon, Nikon and other players enhance value by upgrading the quality of the product. The design of the product is improved in order to suit customer’s requirements.Utility OEMs & service providers
Several industries such as home automation, electronics, security providers and content developers for gaming & entertainment adopt 3D camera solutions.
· Quantitative analysis and estimations through 2016-2021 are provided to highlight the financial caliber of the 3D camera market.
· The 3D camera market report provides information regarding key drivers, restraints and opportunities with impact analysis
· The 3D camera market study provides an in-depth analysis of the 3D camera market with current and future trends to elucidate the imminent investment pockets in the market
· Current and future trends are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market
· Porter’s Five Forces model and SWOT analysis of the industry illustrate the potency of the buyers & suppliers participating in the market
· Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved
· Target Camera
· Target-Free Camera
· Stereo Vision
· Structured Light
· Professional Cameras
· North America
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